Laxmi Organic Industries Limited has informed the Exchange about General Updates, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received Environmental Clearance (EC) from the State Environment Impact Assessment Authority (SEIAA), Gujarat constituted under the Ministry of Environment, Forest and Climate Change, for its upcoming Synthetic Organic Chemicals Manufacturing site at Dahej, Village Jolve and Vadadala, District Bharuch, Gujarat.In this regard, the Company s press release is enclosed herewith as Annexure A , and the additional disclosures as required under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, are provided in Annexure B .
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Laxmi Organic Industries has received Environmental Clearance (EC) from SEIAA Gujarat for its upcoming Synthetic Organic Chemicals manufacturing site at Dahej, District Bharuch, Gujarat. The new facility will produce Essential and Speciality chemical products and add new products to the company's portfolio. Management described this as a 'significant milestone' in the company's scale-up journey and operational diversification, with the site offering substantial room for future expansion. No financial details, capex amount, or timeline for commissioning have been disclosed in this filing. The company already has a manufacturing presence in Mahad, Maharashtra, and this Dahej site represents its next growth cycle.
Positive development as it removes a key regulatory hurdle for the company's expansion plans, potentially supporting long-term revenue growth once the facility is commissioned. Near-term stock impact may be limited since no financial scale or timeline has been disclosed.